afdb $400m loan buhari nigeria

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    Business AfDB Makes U-Turn, Recalls $400m Loan to Nigeria Over Failure To Meet Conditions

    The African Development Bank (AfDB) has called off a $400 million loan to Nigeria that would have helped fund the country’s budget, Reuters reports. The money has been redirected to specific projects, a vice president at the lender said yesterday. The AfDB had been in talks with Nigeria for...
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